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Apparel retailer $M said that while 2Q16 sales and earnings were below last year, the company was pleased with the improvement in sales trends during the quarter. Comp sales performance on an owned plus licensed basis was much improved sequentially on both one and a two year basis, setting up the company well for the remainder of the year.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.